Wonderful raises $100 million to expand AI agent services
Israeli AI startup Wonderful just scored $100 million in fresh funding, bumping its valuation up to $700 million.
Founded earlier this year, Wonderful builds AI agents that help businesses chat with customers across different platforms and languages.
The company had already raised $34 million back in July.
Funding will help Wonderful boost tech and hire local teams
With big names like Index Ventures backing them, Wonderful plans to use the new funds to hire local teams and boost their tech as they set sights on expanding into Asia-Pacific by early 2026.
They're already making moves in Europe and the Middle East, and expect about $10 million in recurring revenue for 2025.
As Index Ventures's Hannah Seal put it, "The demand for locally-designed AI agents has proven enormous," said Hannah Seal, partner at Index Ventures.